Skip to main content

About your Search

Search Results 0 to 2 of about 3
Dec 4, 2012 4:00am PST
about manufacturing matt? the numbers came in solid for china, not so good for the u.s. there was a bit of a slip. > > i think some of that is the concern. but at least the silver lining is positive for china. but realize, china is $8 trillion. our market is about twice the size. so we really need those manufacturing numbers to kick in next year. but of course there have been so many good confidence and housing numbers to sort of buttress that weaker number yesterday. > what is your stock strategy in the current market? > > i think the big question everyone has to ask themselves is, do i need microsoft, cisco, and intel in my portfolio? they have been laggards for years. microsoft at least has been paying some good dividends. it's kind of appreciated somewhat over the past couple of years. but you know, that pc market is not really happening; it's all the tablets and the smartphones. so, you have to ask yourself, next year, do i keep these stocks in my portfolio? so many people own them. > yes or no? what is the answer? > > i am going to give them another year, but intel is really on th
Dec 19, 2012 4:00am PST
the u.s. treasury department will begin selling its stakes in almost all of the remaining banks that received bailouts during the financial crisis. four years after the implementation of the troubled asset relief program the government still owns a part of 218 banks. those banks owe taxpayers nearly $8 billion. the government says tarp was always intended to be a temporary measure. key players from wall street may be heading to the whitehouse. according to bloomberg news.. the obama administration is said to be considering kenneth chenault -- the ceo of american express-- for a cabinet post... possibly treasury secretary. also, the adminstration is said to be batting around the name ursala burns- who runs xerox as a possible candidate for commerce secretary. president obama said earlier he is interested in having top business leaders in his cabinet. coal consumption is climbing around the world. the international energy agency-- better known as as the i-e-a predicts demand for coal could come close to outpacing oil in the next few years. global demand for coal is expected to
Dec 7, 2012 4:00am PST
is a marginal trend to bring business back to the u.s., and food is one of those more likely to stay 'in country' than go elsewhere." challenger, gray and christmas say december is often when layoffs are announced, a process that often continues into january. wall street alone has lost a net 1,200 jobs in 2012 according to new york state's comptroller. and it's about to get a whole lot worse. citigroup is laying off 11,000 people worldwide. bank of america and hsbc combined plan for 40,000 layoffs this year. ubs said in october it would cut 10,000 workers. all told, more than 300,000 financial industry jobs have been lost worldwide during the past two years. the bank belt-tightening is expected to continue in 2013. macs are making their way back to the u.s. apple ceo tim cook told bloomberg this week the company will begin manufacturing a line of mac computers in the u.s. most of apple's products are made in asia. factories such as foxconn, a major apple supplier, have come under heavy scrutiny for low wages and poor working conditions. cook said the company will spend $100 million on the manufa
Search Results 0 to 2 of about 3